• Sunday, September 21, 2014

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Manufacturing

Contract pharma makers to see 10pc advance tax

Drug makers engaged in contract manufacturing will have to pay 10 percent advance taxes on the service or toll charge, the National Board of Revenue said. The revenue authority said making medicine for others firms under contract manufacturing (CM) will be treated as a service and advance taxes would have to be paid on the service charge. Pharmaceutical companies, for whom the CM operators will make drugs, will have to deduct the tax during bill payment, said NBR in a letter...

Bangladesh's apex group emerges as shoemaker to world

Bangladesh's apex group emerges as shoemaker to world

To see a different face of Bangladesh manufacturing, a country that has earned notoriety with its ready-made garment plants, one drives 25 miles north of Dhaka city to Gazipur district. Amid a predominantly industrial enclave of garment makers is a 24-acre site where 5,500 workers, mostly women, are busy stitching not clothes but...

Cover Story

Manufacturing Life

Manufacturing Life

A day full of events is just ahead of us, the action packed Environment Day on June 5th. Organisations and activists around the world and even in Bangladesh will celebrate the day with eye catching activities. But most of these activities will make little or no contribution to lessen our ever increasing environmental...

  

Manufacturing, Marketing Adulterated Medicines

Why govt should not be directed to form monitoring cell

The High Court yesterday issued a rule upon the government to explain in two weeks why it should not be directed to form a monitoring cell to stop the manufacturing and marketing of adulterated drugs. In the rule, the government was also asked why it should not be directed to make a price list of medicines manufactured by different companies, and to publish the list of drugs, which are supplied to different government hospitals, in the daily newspapers. Secretaries to the...

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